The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 2,703 | 2,512 | - | - |
| Depreciation, amortization, and decommissioning | 4,634 | 4,189 | - | - |
| Bad debt expense | 402 | 341 | - | - |
| Allowance for equity funds used during construction | 219 | 184 | - | - |
| Deferred income taxes and tax credits, net | 1,058 | 1,098 | - | - |
| Wildfire fund expense | 352 | 383 | - | - |
| Disallowed capital expenditures | - | 0 | - | - |
| Other | -75 | 310 | - | - |
| Accounts receivable | 61 | 1,061 | - | - |
| Wildfire-related insurance receivable | 167 | -318 | - | - |
| Inventories | 0 | -45 | - | - |
| Accounts payable | 176 | 30 | - | - |
| Wildfire-related claims | -392 | -506 | - | - |
| Other current assets and liabilities | -563 | 231 | - | - |
| Regulatory assets, liabilities, and balancing accounts, net | -173 | -1,545 | - | - |
| Contributions to wildfire fund | 193 | 193 | - | - |
| Other noncurrent assets and liabilities | 238 | 561 | - | - |
| Net cash provided by operating activities-Pacific Gas Electric Co | - | - | 5,097 | 3,831 |
| Net cash provided by operating activities | 8,716 | 8,035 | 4,747 | - |
| Capital expenditures | - | - | 9,714 | 9,584 |
| Capital expenditures | - | - | 9,714 | - |
| Proceeds from sale of sfgo | - | - | 0 | - |
| Proceeds from sales and maturities of nuclear decommissioning trust investments | - | - | 2,235 | 3,316 |
| Proceeds from sales and maturities of nuclear decommissioning trust investments | - | - | 2,235 | - |
| Purchases of nuclear decommissioning trust investments | - | - | 2,252 | 3,208 |
| Purchases of nuclear decommissioning trust investments | - | - | 2,252 | - |
| Capital expenditures | 11,787 | 10,369 | - | - |
| Proceeds from sales and maturities of customer credit trust investments | - | - | 556 | 250 |
| Proceeds from sales and maturities of customer credit trust investments | - | - | 556 | - |
| Proceeds from sales and maturities of nuclear decommissioning trust investments | 1,952 | 1,980 | - | - |
| Purchases of customer credit trust investments | - | - | 0 | 1,022 |
| Purchases of nuclear decommissioning trust investments | 1,993 | 2,002 | - | - |
| Proceeds from (repayments of) intercompany note to pg&e corporation | - | - | 0 | 145 |
| Proceeds from sales and maturities of customer credit trust investments | 435 | 398 | - | - |
| Other | - | - | -13 | -34 |
| Other | - | - | -13 | - |
| Purchases of customer credit investments | 742 | 519 | - | - |
| Net cash used in investing activities-Pacific Gas Electric Co | - | - | -9,162 | -10,069 |
| Proceeds from self-insurance investments | 1,181 | - | - | - |
| Proceeds from debtor-in-possession credit facility | - | - | - | 0 |
| Purchases of self-insurance investments | 1,384 | 898 | - | - |
| Repayments of debtor-in-possession credit facility | - | - | - | 0 |
| Other | -22 | -35 | - | - |
| Debtor-in-possession credit facility debt issuance costs | - | - | - | 0 |
| Net cash used in investing activities | -12,316 | -11,375 | -9,162 | - |
| Bridge facility financing fees | - | - | - | 0 |
| Borrowings under credit facilities | 4,790 | 6,873 | - | 10,130 |
| Repayments under credit facilities | 1,465 | 10,122 | - | 9,750 |
| Borrowings under term loan credit facilities | - | 0 | - | - |
| Borrowings under term loan | 575 | - | - | - |
| Credit facilities financing fees | - | - | - | 0 |
| Repayments under term loan | 0 | 2,600 | - | - |
| Short-term debt financing, net of issuance costs of 0, 1, and 2 at respective dates | - | - | - | 0 |
| Short-term debt financing, net of issuance costs of 0, 1, and 0 at respective dates | 0 | 999 | - | - |
| Short-term debt matured | 1,000 | 0 | - | 300 |
| Proceeds from issuance of long-term debt, net of premium, discount and issuance costs of 29, 33, and 88 at respective dates | - | - | - | 4,271 |
| Proceeds from issuance of long-term debt, net of premium, discount and issuance costs of 38, 5, and 67 at respective dates | 4,962 | 4,495 | - | - |
| Repayments of long-term debt | 3,876 | 800 | - | 5,941 |
| Proceeds from issuance of recovery bonds-SB901Securitization | - | - | - | 7,464 |
| Proceeds from issuance of recovery bonds, net of financing fees at respective dates-AB1054Wildfire Fund | - | 1,409 | - | - |
| Proceeds from issuance of ab 1054 recovery bonds, net of financing fees of 0, 10 and 0 at respective dates | 0 | - | - | - |
| Repayments of recovery bonds-SB901Securitization | - | - | - | 33 |
| Proceeds from issuance of recovery bonds, net of financing fees at respective dates-SB901Securitization | - | 0 | - | - |
| Repayments of recovery bonds-AB1054Wildfire Fund | 88 | 46 | - | - |
| Proceeds from issuance of recovery bonds-Series2022ARecovery Bonds | - | - | - | 972 |
| Repayments of recovery bonds-SB901Securitization | 135 | 129 | - | - |
| Repayments of recovery bonds-Series2022ARecovery Bonds | - | - | - | 18 |
| Proceeds from dwr loan | 0 | 980 | - | - |
| Proceeds from dwr loan, net of performance based incentives earned of 38, 0, and 0 at respective dates | - | - | - | 312 |
| Proceeds from issuance of convertible notes, net of discount and issuance costs of 0, 0, and 27 at respective dates | 0 | 0 | - | - |
| Proceeds from sale of future revenue from transmission tower license sales, net of fees | - | - | - | 0 |
| Mandatory convertible preferred stock issued | - | 1,579 | - | - |
| Exchanged debt financing fees | - | - | - | 0 |
| Common stock issued | 0 | 1,128 | - | - |
| Preferred stock dividends paid | - | - | - | 70 |
| Mandatory convertible preferred stock issued-Series APreferred Stock | 0 | - | - | - |
| Common stock dividends paid | - | - | - | 1,275 |
| Mandatory convertible preferred stock dividends paid-Common Stock | 220 | - | - | - |
| Equity contribution from pg&e corporation | - | - | - | 994 |
| Common stock dividends paid | - | 86 | - | - |
| Preferred stock dividends paid | 97 | - | - | - |
| Other | -87 | -59 | - | 123 |
| Net cash provided by financing activities-Pacific Gas Electric Co | - | - | 3,979 | 6,879 |
| Net cash provided by financing activities | 3,359 | 3,621 | 4,400 | - |
| Net change in cash, cash equivalents, and restricted cash | - | - | - | 641 |
| Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents | -241 | 281 | -15 | - |
| Cash and cash equivalents at beginning of period | 1,213 | 932 | 947 | 181 |
| Cash and cash equivalents at end of period | 972 | 1,213 | 932 | 822 |
PG&E Corp (PCG-PH)
PG&E Corp (PCG-PH)